EQT Price Target Raised to $71, 'Buy' Rating Maintained

The share price of EQT Corporation (NYSE:EQT) surged by 9.85% between January 16 and January 23, 2026, putting it among the Energy Stocks that Gained the Most This Week.

EQT Corporation (NYSE:EQT) is a leading natural gas producer in the US with production and midstream operations focused in the Appalachian Basin.

On January 18, Jefferies analyst Lloyd Byrne raised the firm’s price target on EQT Corporation (NYSE:EQT) from $68 to $71, while maintaining a ‘Buy’ rating on the shares. The revised target, which indicates an upside of almost 28% from the current levels, comes as part of the analyst’s Q4 preview of EQT. Jefferies expects the natural gas producer to post EBITDA near the high end of guidance in its Q4 report next month.

EQT Corporation (NYSE:EQT) also received a boost from the recent surge in natural gas prices, with US natural gas futures jumping by 70% over the last week. The rise was driven by forecasts for widespread below-normal temperatures across most of the United States.

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